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Chipotle CEO warns 'the consumer is sitting on the sideline' after chain reports decline
According to Fortune, Chipotle CEO Scott Boatwright pointed to cautious consumers when speaking to investors after the chain ...
Chipotle CEO warns ‘the consumer is sitting on the sideline,’ leading to the chain’s first same-store sales decline since 2020
For the first time since 2020, Chipotle saw a decrease in quarterly same-store sales. CEO Scott Boatwright pointed to ...
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Decreased consumer spending threatens Chipotle’s bottom line
NEWPORT BEACH, CALIF. — Despite an increase in first-quarter revenue compared to the same period last year, Chipotle Mexican Grill has seen a drop in comparable sales at its restaurants, which the ...
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Chipotle Gets 'Hold' Downgrade On Soft Revenue, Consumer Uptake: Retail Very Optimistic
Shares of Chipotle Mexican Grill (CMG) fell 1.7% on Monday, after investment firm Argus lowered its rating on the company, ...
Chipotle Mexican Grill: In The Early Stages Of A Decades-Long Growth Story
Chipotle continued its strong performance in 2024. How is the CMG story going to unfold from here? Click here to find out.
Chipotle CEO says chain has no plans to raise prices amid consumer pullback
In an interview with Yahoo Finance, CEO Scott Boatwright said it does not plan to raise prices "anytime in the near future" ...
Chipotle is seeing a ‘slowdown' in consumer spending as 2025 gets off to a rough start
The spring months typically kick off what Chipotle calls "burrito season" — the busiest time of the year for the chain, from ...
Big brands are officially worried about American shoppers
Makers of our food and home essentials, including Pepsi and Procter & Gamble, are cutting their financial forecasts for the ...
Chipotle's message to staff: Smile at customers
CEO Scott Boatwright said this was in response to a study which showed that Chipotle staff were "not as friendly" as they ...